Suburb Profile Report for Greenvale VIC (3059)

Greenvale House: Median price $565,000, Annual capital growth 3.41%, Number of sales 209, Weekly median advertised rent $430

Greenvale Unit: Median price $409,500, Annual capital growth -0.91%, Number of sales 10, Weekly median advertised rent $355

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Greenvale, 3059 ranked 308th in VIC when comparing growth in median property values or capital gain over the last 12 months. Greenvale is one of 2098 in our list for VIC

A 6.35% growth in median value for property investors in Greenvale,3059 puts this suburb at number 188th in terms of best performing suburbs in VIC

At number 92th of VIC’s most discounted properties, Greenvale is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Greenvale have been waiting around 70.75 days to sell a property.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Greenvale, 3059 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.00%.

On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.

HOUSE UNIT
$565,000 $409,500
2.73% 0.12%
9.71% 5.00%
3.41% -0.91%
$430 $355
209 10
3.96% 4.51%
70.75 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 11968
Median household income ($/weekly) 1729
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 3.5
  • Census Count Percent(%)
    5-14 years 1889 15.8
    15-19 years 1205 10.1
    35-44 years 1757 14.7
    45-54 years 2171 18.1
    55-64 years 1347 11.3
    Others 3599 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 5487 60.2
    Not Married 3325 36.5
    Defacto Relationship 308 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8037 69.1
    Ireland 290 2.5
    Japan 739 6.4
    Turkey 352 3.0
    Other 567 4.9
    Others 1639 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 170 1.5
    Christianity 8981 78.1
    Hinduism 126 1.1
    Islam 1396 12.1
    No Religion 801 7.0
    Others 29 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 241 8.2
    $1,250-$1,499 273 9.3
    $1,500-$1,999 496 16.9
    $2,000-$2,499 371 12.6
    $2,500-$2,999 322 11.0
    Others 1233 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3862 41.8
    Not in the labour force 2798 30.3
    Employed, worked part-time 1927 20.8
    Employed, away from work 394 4.3
    Unemployed, looking for work 265 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 870 14.1
    Professionals 905 14.6
    Technicians & trades workers 1006 16.3
    Clerical & administrative workers 1120 18.1
    Sales 809 13.1
    Others 1475 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 199 5.8
    Infants/Primary 1128 32.9
    Secondary 1221 35.6
    Technical or Further Educational Institution 260 7.6
    University or other Tertiary Institutions 538 15.7
    Others 79 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11457 97.8
    Semi-detached, row or terrace house, townhouse 208 1.8
    Flat, unit or apartment 51 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1703 51.4
    Fully owned 1406 42.4
    Rented 192 5.8
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals